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Marina86 [1]
2 years ago
5

Cogswell cola purchased a machine for $237,500. The firm paid another $5,750 for delivery and installation. In addition the firm

will have to hire another employee and pay them $50,000 per year to run the machine. What is the initial outlay for this machine?.
Business
1 answer:
Novay_Z [31]2 years ago
3 0

Based on the cost of purchasing the machine and the delivery and installation fees, the initial outlay is $243,250

<h3>How much is the initial outlay?</h3>

This can be found as:

= Cost of purchasing machine + Installation and delivery cost

Solving gives:

= 237,500 + 5,750

= $243,250

Find out more on fixed asset capitalization at brainly.com/question/25355478

#SPJ1

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vampirchik [111]

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3 0
3 years ago
Ozdemir Corporation uses the FIFO method in its process costing system. Data concerning the first processing department for the
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Answer:

$5,490

Explanation:

Computation for the equivalent units for conversion costs

To complete beginning work in process inventory 360

[400*(1-10%)]

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4 0
3 years ago
The company cost of capital for a firm with a 60/30/10 debt/common/preferred split, 8% cost of debt, 15% cost of equity, preferr
sveticcg [70]

Answer:

b. 8.82%

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Cost of Preferred Stock = Expected dividend / Market Price x 100

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After tax cost of debt calculation :

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6 0
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